Missions of the New Development Bank (NDB)
The New Development Bank (NDB) operates with the objective of supporting economic growth, promoting sustainable development, and strengthening financial cooperation among BRICS countries and other emerging economies. The bank pursues its mandate through several key pillars.
Mobilizing Resources for Infrastructure and Sustainable Development Projects
The NDB plays a significant role in mobilizing financial resources for infrastructure and sustainable development projects. By supporting large-scale development initiatives, the bank contributes to strengthening long-term growth foundations in its member states.
Expanding Cooperation with Multilateral and Regional Financial Institutions
Through expanding partnerships and joint initiatives with multilateral and regional financial institutions, the New Development Bank enhances financial capacity and improves access to development resources for participating countries.
Supporting Public and Private Sector Projects
Financing Instruments
The NDB supports both public and private sector projects through a variety of financial instruments, including loans, guarantees, equity participation, and other financing mechanisms. The bank aims to create investment opportunities and advance projects that have a direct impact on the economic and social development of member countries.